Ahhh, I retract my previous statement. I assumed it was "do you want to accept the offer". If it is "do you want to be considered for the offer" that's a little more complicated...
I was actually thrilled with my cola that year along with the required vacation time.
Honestly it was a very weird time. Less than a year prior I had worked in a real estate office, and there was a lot of scary stuff already starting to happen.